Mena Bellofiore > Blake, Cassels & Graydon LLP > Toronto, Canada > Lawyer Profile

Blake, Cassels & Graydon LLP

Work Department

Financial Services


Mena’s practice spans all aspects of regulatory compliance in the retail financial services and payments industry at both the federal and provincial level, with a particular focus on consumer protection issues relating to financial services and products and the application of these laws in the online environment.

Mena regularly advises financial entities and a wide variety of other regulated and unregulated financial service providers and participants in the payments card industry, including prepaid card issuers and distributors as well as fintechs, on various aspects of their business. Mena has extensive experience in developing and improving compliance programs, including internal policies and procedures, and in drafting and reviewing standard form contacts, related disclosures and other documentation. Mena works with both domestic and international clients. She has developed an expertise in legislative compliance areas that affect her clients and specializes in a wide range of regulatory issues, including federal financial institutions legislation and guidelines, payment systems legislation, AML and Canadian sanctions laws, rules affecting payment card networks, cost of borrowing legislation, provincial regulation of consumer contracts, requirements under credit reporting and debt collection legislation, payday lending legislation, mortgage broker legislation, loan broker legislation and e-commerce matters, as well as legislation affecting both commercial and consumer lenders.

Over the course of her career in the financial services regulatory group at Blakes, Mena has been seconded to four different financial institutions, including two of the largest banks in Canada. During this time, Mena gained invaluable in-house experience as she worked closely with in-house counsel and directly advised the businesses on regulatory compliance matters, including in connection with the development and launch of credit products.

Lawyer Rankings

Canada > Banking and finance

(Rising stars)

Mena BellofioreBlake, Cassels & Graydon LLP

Combining standalone offerings in both banking regulation and financial transactions, Blake, Cassels & Graydon LLP fields one of the broadest financial services practices in the market. Through its well-staffed platforms in Toronto, Calgary, Montreal and Vancouver, the team enjoys close relationships with major Canadian banks, and its New York and London offices also mark it as a popular choice to advise multinational financial institutions. On the regulatory side, national financial services head Paul Belanger is widely regarded as a market leader; in a notable pathfinder mandate, he advised Definity Financial (formerly Economical Mutual Insurance Company) on the first property and casualty demutualization in Canada. Jacqueline Shinfield and up-and-coming partner Bonny Murray are also key contacts for regulatory work. On the transactional front, Michael Matheson represents financial institutions and alternative lenders on many of Canada’s largest financings; he recently advised BMO, and a syndicate of lenders, on providing $1.4bn of credit facilities to support Brookfield Infrastructure’s C$8bn acquisition of Inter Pipeline. Other senior names include Calgary-based Michael McIntosh KC, who specializes in energy-related financings; Simon Finch, who routinely acts for both lenders and corporate borrowers; and seasoned finance expert Michael Harquail. The group also leans on Calgary-based next-generation partner Nick Tropak and counsel Mena Bellofiore, whose practice is dedicated to regulatory compliance. Named lawyers are based in Toronto unless otherwise stated.